There is potential for a government shutdown after midnight on Friday due to a lack of budget approval. If this occurs, the IRS has stated that the April 18 tax deadline remains in effect. All taxpayers should continue to file their returns and pay their taxes as...

Estimated tax is a method used to pay tax on income that is not subject to withholding. You may need to pay estimated taxes during the year depending on what you do for a living and what type of income you receive. These six tips from the IRS will provide you with a...

Washington, D.C. - The Senate voted Tuesday to repeal the expanded 1099 information reporting requirements in last year’s health care reform and small business laws, sending the repeal to President Obama’s desk.The repeal legislation, offered by Sen. Mike Johanns,...

With budget talks at a stalemate and as it is looking more like the government might be shutting down on Friday, President Obama reaches out to Speaker of the House John Boehner and Majority Leader Harry Reid in a phone call. While the IRS plan is to take, but not to...